Mattel Reports Strong First Quarter Sales
Mattel reported first-quarter sales that exceeded forecasts. The company credited strong demand for Hot Wheels for the performance. This occurred despite sales trends for Barbie and Fisher-Price. However, sales in the Barbie and Fisher-Price divisions declined during the same period.
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Sources · 7 independent
Bloomberg Radio
“An automaker of a different sort also had a better-than-forecast first quarter, as Mattel credits strong demand for Hot Wheels for its stronger-than-forecast sales, even as sales and its Barbie and Fisher.”
Bloomberg Radio
“for its stronger-than-forecast sales, even as sales and its Barbie and Fisher.”
Bloomberg Radio
“Mattel credits strong demand for Hot Wheels for its stronger than forecast sales, even sales in its Barbie and Fisher price divisions declined.”
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